GTCR, Sycamore to buy CommerceHub for $1.1 bln

GTCR and Sycamore Partners said March 6 that they agreed to buy CommerceHub in a deal valued at about $1.1 billion. CommerceHub, of Albany, New York, provides a distributed commerce network for retailers and brands. CommerceHub was advised by Evercore and Baker Botts LLP. GTCR and Sycamore were advised by William Sorabella, Stephen Ritchie and Mikaal Shoaib of Kirkland & Ellis LLP.

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